Offshore Technology

Online/Digital

Established in 1996, Offshore Technology, incorporating sister publication World Expro, is a procurement and reference portal providing a one-stop-shop for professionals and decision makers within the worldwide upstream oil and gas industry. We provide a comprehensive breakdown of offshore equipment manufacturers, contractors and suppliers, up-to-date news and press releases, white papers and detailed information on current industry projects and trends. The Offshore newsletter details the latest upstream industry developments, and our oil and gas recruitment area provides career information and the latest job vacancies in the field. www.offshore-technology.com is a product of Kable. Copyright 2017 Kable, a trading division of Kable Intelligence Limited. Source

Outlet Details

Recent Articles

offshore-technology.com
—
Oil prices have decreased amidst signs of rising output as a result of increased drilling in the US. US West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.3%, to reach $62.14 a barrel, while Brent crude futures declined 22 cents, or 0.3%, to trade at $65.99 per barrel, according to Reuters. The drop in prices has wiped out gains made last Friday. Traders are gripped with concerns of oversupply caused by the soaring output.

offshore-technology.com
—
DOF Subsea has signed a memorandum of understanding (MoU) to use Enpro Subsea’s flow intervention services (FIS) and flow access modules (FAM) technologies to deliver enhanced production solutions throughout the life of field. The subsea hydraulic intervention solutions will be deployed from DOF’s fleet of construction and intervention vessels. Through the agreement, the companies intend to work in partnership to pursue targets in the Atlantic region.

offshore-technology.com
—
Integrated geoscience company CGG has started its acquisition of a 3D broadband survey, Santos VIII, in the pre-salt area of the deepwater Santos Basin off the coast of Brazil. The multi-client survey is part of CGG’s ongoing pre-salt programme and is expected to deliver ultramodern seismic data that allows bidders to better evaluate pre-salt opportunities for Brazil’s pre-salt licensing rounds. It will cover an area of more than 8,000km² near the Peroba, Pau Brasil and Boumerangue fields.

offshore-technology.com
—
Oil prices are expected to register a weekly drop in the wake of concerns about soaring supply from certain non-organisation of the Petroleum Exporting Countries (OPEC) markets, including the US. The news comes even as both the futures rose marginally on Friday. West Texas Intermediate (WTI) oil futures for April delivery jumped five cents, or 0.1%, trading at $61.24 a barrel, according to Reuters. Brent crude futures trading in London increased by six cents to $65.18.

offshore-technology.com
—
Shell has signed an agreement sell all of its oil and gas interests in New Zealand to Austrian firm OMV, in a deal valued at $578m. The development is line with the Shell Group’s strategy of earning $30bn through divestments by the end of this year and comes after the sale of the company’s interest in Kapuni last year. The transaction with OMV includes joint venture (JV) interests in Pohokura (48%) and Maui (83.75%), as well as related production, storage and transportation infrastructure.

offshore-technology.com
—
Subsea services provider Bibby Offshore has secured three contracts from an undisclosed oil and gas firm in different areas. The scope of the first contract covers completion of riser replacement works, including a production / test riser and riser buoy connector pipe changeout at an oil field located in the Central North Sea. Engineering work for this project started in the fourth quarter of last year.

offshore-technology.com
—
Cobalt International Energy has agreed to divest its stake in the Heidelberg field located in the Gulf of Mexico, US, to W&T Offshore. The Heidelberg field lies in 5,300ft of water in the Green Canyon area, 140 miles (225.3km) south of Port Fourchon offshore Louisiana. The deal covers Cobalt International’s 9.37% stake in each of the Green Canyon 859, 903 and 904 blocks of the Heidelberg field. Both Cobalt International Energy and W&T Offshore are oil and gas companies based in the US.

offshore-technology.com
—
GlobalData expects that 130 new crude and natural gas projects will start operations in Asia over the next eight years. By 2025, the projects will contribute around 518 thousand barrels per day (mbd) to global oil production and close to 11.5 billion cubic feet per day (bcfd) to global gas production. The majority of new developments, or 76 projects, fall under an early-stage category, while 54 of new projects have progressed to well-defined development plans.

offshore-technology.com
—
Close to $194bn will be spent between 2018 and 2025 on 93 upcoming oil and gas fields in Africa, according to Peter Heath, GlobalData’s oil and gas analyst covering the African continent. Capital expenditure (capex) into conventional, unconventional, and heavy oil projects would form $88.9bn, $3bn and $1.9bn of the region’s capital spend respectively over the eight-year period.

offshore-technology.com
—
Qatar Petroleum has signed a renewed concession agreement in connection with the continued development and operation of the Al-Bunduq offshore oilfield, which straddles the border between the country and UAE. The agreement was signed with the Abu Dhabi Supreme Petroleum Council, Abu Dhabi National Oil Company (Adnoc), Japanese consortium United Petroleum Development and Bunduq Company. The original concession agreement signed in 1953 has expired, with the latest agreement seeking to replace it.

Selecting a term

Phrases (e.g. "cloud computing") — use quotes to keep the terms together

Twitter handles (e.g. @username) — returns those who have mentioned or replied to
given user

Names (e.g. "David Pogue")

Hashtags (e.g. #sxsw, #london2012)

Bio details (e.g. vegan, Olympics, father)

Advanced terms

Muck Rack's Advanced Search allows for many boolean operators.

AND

Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.

OR

Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie

NOT

Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
NOT World.

Phrases

When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
4s".

Exact case matching or punctuation

If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .

Combining operators

Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.

Asterisk

An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.

Near

A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".